Deutsche Bank upgraded JPMorgan citing valuation and the bank's position for when consumer loan growth picks up. Deutsche expects JPMorgan to highlight $3B-$5B of cost savings at its February 26 investor day. The firm raised its price target for shares to $53 from $48.
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
One of the fastest-growing utility stocks, along with "Wall Street's Greatest Dividend Stock," make for phenomenal buys right now.
Microsoft has been one of the pioneers in the field of AI, but this tech giant is also set to win big time from the growing adoption of this technology.
Tesla's growth story was about leading the paradigm shift to EVs, and an affordable car was a part of that story. Now without it, the narrative has changed.
Trump Media is advising investors on ways to prevent their shares from being loaned for a short-interest position.
The number may be smaller than expected.
Certain Wall Street analysts see substantial downside for shareholders of Tesla and Palantir Technologies.
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w
Intel (INTC) is likely to generate higher revenues year over year in first-quarter 2024, driven by healthy demand trends in Data Center and AI Group.
